The Anti-Money Laundering Act of 8th March, 2022 was enacted to amend the Anti-Money Laundering Act and to make consequential changes to other related laws. We have summarised key notes for these amendments.
Legal Updates On The Anti Money Laundering Act 2022 Read More »
On 13/5/2022 The Bank of Tanzania (BOT) issued The Foreign Exchange Regulations, 2022 which was published in the Government Notice No. 294 under section 6 (1) of the Foreign Exchange Act, Cap 217 R.E. 2002 as amended.
Regulation of Foreign Exchange under the Foreign Exchange Regulations 2022 Read More »
On 14 May 2021, the Minister for Industry and Trade for Tanzania announced the mandatory requirement for companies incorporated or registered under the Companies Act in Tanzania to submit information concerning their beneficial owners. Burhani Associates & Co have compiled a summary of this requirement and how companies can comply before the deadline of 31st
Beneficial Ownership of Companies in Tanzania Read More »
On 10th June, 2021, The Minister of Finance of the United Republic of Tanzania, Dr. Mwigulu Lameck Nchemba (Mb) presented the 1st Budget of the 6th Phase Government under the leadership of Her Excellency President Samia Suluhu Hassan, asserting the Government’s intention to sustain foundations set forth by previous regimes, to adopting the good practices
BAC Overview of Tanzania Budget Read More »
After months of preparations, Electronic Tax Stamps (ETS) will now be installed on fruit or vegetable juices and bottled water, Tanzania’s Revenue Authority (TRA) said. Read more via The Citizen here.
Tanzania rolls out electronic tax stamps on all soft drinks, bottled water Read More »
